FTSE 100 Shed 0.6% As Resources, Bank Stocks Fall
U.K. stock market's benchmark FTSE 100 drifted lower Wednesday morning, weighed down by losses in energy and mining stocks due to a drop in commodity prices. Pharmaceuticals and bank stocks also declined sharply.The FTSE 100 was down 58.60 points or 0.58% at 10,064.13 a few minutes before noon.Mining stocks fell after prices of precious metals dropped on profit taking after recent gains. Antofagasta and Fresnillo slid 4.6% and 4.3%, respectively. Anglo American Plc lost 2.7% and Endeavour Mining dropped by ...